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With the unification of Italy and the altered status of Rome, the Italian government took over the operation of the Papal mint in September 1870.The mint was used to make Italian coins, and due to the presence of Italian soldiers guarding the mint, a tunnel was constructed beneath the Apostolic Palace to ensure private access to the Vatican gardens.
Vatican euro coins are issued by the Philatelic and Numismatic Office of the Vatican City State and minted by Istituto Poligrafico e Zecca dello Stato (IPZS), in Rome, Italy. The euro is the official currency of the Vatican City , although Vatican City is not a member of the Eurozone or the European Union .
During this period the Vatican City issued this commemorative coin. 60th Anniversary of the End of the Second World War Designer: Orietta Rossi Mint: - Value: €5 Alloy: Ag. 925/1000 Quantity: 13,000 Quality: Proof Issued: 06.12.2005 Diameter: 32 mm Weight: 18 g Issue Price: €50 This was the first commemorative coin to depict pope Benedict XVI.
Collectors especially appreciate small-circulation annual sets of coins, as well as officially unreleased coins from 1938. Public interest in Vatican currency and stamps was considered sufficient to justify a Philatelic and Numismatic Museum (Il Museo Filatelico e Numismatico) which has been opened as part of the Vatican Museums in 2007. [3]
Until recently, only seven coins of 10 centesimi Vatican City in 1938 have been graded and certified, and most show signs of circulation. And now, almost 85 years later, a coin was received at the PCGS office in Los Angeles, which achieved a grade of MS65BN (a coin that never has been in circulation and has an attractive luster). This coin is a ...
The last coin minted with this name was the silver giulio struck by Pius VII in 1817; it weighed 2,642 g and had a title of 917/1000. It was still worth 2 grossi or 10 baiocchi . The names of paolo and giulio were in use in Rome, even when these coins were no longer in circulation, to indicate the 20 baiocchi coin.
Euro coins and notes were introduced on 1 January 2002—the Vatican does not issue euro banknotes. Issuance of euro-denominated coins is strictly limited by treaty, though somewhat more than usual is allowed in a year in which there is a change in the papacy. [2] Because of their rarity, Vatican euro coins are highly sought by collectors. [3]
Finland, Italy, Luxembourg, San Marino and the Vatican City are the only countries to have released at least one commemorative coin every year since 2004. Though they have become collectibles , €2 commemoratives are different from non-standard denomination commemorative euro coins , which are officially designated as "collector coins", not ...